Fusion Entertainment Announces Plans to Acquire Butterfly Group
NASHVILLE, October 21, 2003 – Fusion Entertainment Incorporated has announced its intent to acquire the Butterfly Group family of labels and Butterfly International Distribution. The deal is set to close in December of 2003. Current managing partners of Butterfly Group will remain in place and join with Fusion Entertainment in an aggressive growth strategy to bring new artists and ideas to the faith based products it presents to the Christian consumer in the CBA and Mainstream arenas. The Butterfly Group includes Christian Records, Flying Leap Records, Gospel 1 Records and Butterfly Kids, Syntax Records and more. The Butterfly Group is located in the Factory complex in Franklin, TN. Fusion Entertainment is opening offices in New York City, Davenport, Iowa and Knoxville, Tennessee.